ICICI Prudential Equity Arbitrage Fund Direct Plan Growth
Min amount: ₹1,000
- Fund Summary
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|Fund Type||Arbitrage Fund|
|Exit Load||0.25% for 31 Days|
More about this fund
|Cash Offset For Derivatives||68.32%|
|Net Current Assets||4.51%|
|182 DTB 30122021||3.96%|
|Future on Reliance Industries Ltd Shs Dematerialised||3.61%|
|Reliance Industries Ltd Shs Dematerialised||3.6%|
|Future on Tata Steel Ltd.||3.5%|
|Tata Steel Ltd||3.49%|
|Panatone Finvest Limited||3.13%|
|Future on Adani Ports & Special Economic Zone Ltd||2.9%|
About ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth
The main objective of the scheme is to provide investors with consistent returns by constituting a portfolio which is not affected much by the market volatility. The plan invests across equity and debt securites.
Pros and Cons of ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth
The most significant advantage of investing in this fund is that you gain exposure towards a portfolio constituted by both equity-linked and fixed-income securities. On the flip side, the returns can be curtailed as the fund has restricted exposure towards equities.
Fund Information and Statistics
i) Inception/Launch Date
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth has been clubbed under the 'moderately low risk' class of mutual funds.
Since ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth is an open-ended mutual fund scheme, you can sell your fund units at any time.
iv) Fund Manager
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth is currently being managed by Mr Manish Banthia and Mr Kayzad Eghlim.
v) Entry/Exit load
An exit load of 0.25% is payable on redemptions made within a holding period of one month. There is no entry load as per the regulations of the Securities and Exchange Board of India (SEBI).
About ICICI Prudential Mutual Fund
ICIC Prudential Mutual Fund was incorporated in the year 1993 due to a joint venture agreement between ICICI Bank Ltd and Prudential Plc. They also happen to be the sponsors of the fund house. The fund officially registered itself with the Indian securities market regulator with ICICI Prudential Trust Ltd as its trustee. The fund house is now a leading asset management company in India.
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Frequently Asked Questions
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Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns